The market bounced last week, after some heavy selling in May. We had a really nice week with most of our trades on the winning side. We even caught a quick dip from Thursday afternoon to Friday morning with some GOOG and GLD puts, giving us some nice overnight gains to wrap up the week. Notable trades were: CREE puts +156%, NOV calls +103%, SWKS calls +93%, CME calls +95%, WYNN calls +81%, and DLTR calls +67%. Here are the closed trades:
- 07:27 | Ecstatic Plays GLD ($153.20) Sold to Close 06P155 Jun 155 put, at $2.81 +31%
- 07:05 | Ecstatic Plays GLD ($153.10) Sold to Close 06P155 Jun 155 put, at $2.86 +33%
- 06:55 | Ecstatic Plays GOOG ($575.00) Sold to Close 0608P580 Jun 580 put, at $5.30 +61%
- 06:48 | Ecstatic Plays GOOG ($574.80) Sold to Close 0608P580 Jun 580 put, at $6.00 +82%
- 07:36 | HappyTrading DLTR ($105.60) Sold to Close 06C105 Jun 105 calls, at $1.80 +50%
- 07:20 | HappyTrading NOV ($68.80) Sold to Close 06C67.5 Jun 68 calls, at $2.40 +50%
- 07:03 | HappyTrading SWKS ($28.55) Sold to Close 06C26 Jun 26 calls, at $2.60 +93%
- 06:57 | HappyTrading NOV ($70.10) Sold to Close 06C67.5 Jun 68 calls, at $3.25 +103%
- 06:56 | HappyTrading DLTR ($105.50) Sold to Close 06C105 Jun 105 calls, at $2.00 +67%
- 12:14 | HappyTrading SWKS ($28.50) Sold to Close 06C26 Jun 26 calls, at $2.45 +81%
- 11:07 | HappyTrading WYNN ($103.50) Sold to Close 06C100 Jun 100 calls, at $4.80 +66%
- 06:58 | HappyTrading WYNN ($104.00) Sold to Close 06C100 Jun 100 calls, at $5.25 +81%
- 12:17 | Ecstatic Plays OXY ($81.00) Sold to Close 0608C80 Jun 80 calls, at $1.40 +11%
- 08:48 | HappyTrading CME ($267.70) Sold to Close 06C270 Jun 270 calls, at $3.60 +95%
- 08:32 | HappyTrading CME ($266.50) Sold to Close 06C270 Jun 270 calls, at $3.00 +62%
- 07:48 | Ecstatic Plays GOOG ($573.00) Sold to Close 0608C585 Jun 585 calls, at $2.00 -53%
- 12:38 | Ecstatic Plays CMG ($394.70) Sold to Close 0608P390 Jun 390 put, at $4.70 -28%
- 11:50 | HappyTrading AAPL ($562.60) Sold to Close 06C585 Jun 585 calls, at $5.00 +45%
- 11:46 | HappyTrading AAPL ($564.00) Sold to Close 06C585 Jun 585 calls, at $5.50 +59%
- 11:25 | Ecstatic Plays NFLX ($63.20) Sold to Close 0608P62.5 Jun 63 put, at $1.76 -23%
- 09:47 | HappyTrading CREE ($22.66) Sold to Close 06P27 Jun 27 put, at $4.48 +156%
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Over the weekend, euro zone finance ministers agreed to lend Spain up to 100 billion euros ($125 billion) to help its battered banks. We’ll find out more details as the new week goes.
I’ll be back tonight to take a closer look at the financial markets in my weekly Market Forecast.
Happy Sunday and HappyTrading! ™ 
